Issue 14
Oil News
- SAUDI ARABIA WILL BORROW TO FINANCE REDUCED 1988 DEFICIT
- OFFICIAL PRICES UNDER THREAT FROM STIFF BUYERS' RESISTANCE
- Otaiba Rejects Price Discounts for UAE Oil Sales
- ADNOC's 1986 Oil Output Rises to 931,000 b/d
- Respite in Shipping War
- NIOC Indicates Readiness to Extend January Spot-Related Price for Whole of First Quarter
- Decision Expected on Iran-Turkey Oil Pipeline
- SAFCO's 1987 Output Exceeds Capacity
- Saudi Arabia Grants Sudan Crude Oil Worth $45mn
- EGYPT
- Oil Prices Remain Unchanged for First Half of January
- Suez Canal Income Rises to $l.22bn in 1987
- Libya Offers Malta Crude Oil at "Favourable Rates"
- AREC Facing Uncertain Future
- Arab Petroleum Services Company Registers Net Profit of $650,000 in 1986
- ADWOC Registers Net Profits of $3mn in 1986
- 'Amman Seminar Discusses Future Oil Prospects and Development in the Arab World
- Recent Publications
Financial & Banking News
- KID Stake In BP Exceeds 18%
- Egyptian Foreign Debt Service Totals Eœ1.9bn this Year
- DMI Reveals Lacklustre Performance
- AFESD Lends Iraq $28mn for Agricultural Development
- Morocco Receives Loans from IDB and AMF
- IBRD Lends Jordan $40mn for Vocational Training
- IDA Lends Somalia $5.5mn
- EEC Provides $61.7mn to Egypt, Mauritania and Palestinians in Gaza
- FAD Grants Sudan and Somalia $11.5mn